Overview
What is Schenectady City School District Educational Foundation Inc?
The Schenectady City School District Educational Foundation Inc is a nonprofit organization situated in Schenectady, New York. Their primary objective is to offer supplemental funding for enriching learning experiences for students within the Schenectady City School District. This includes providing resources for fine arts and performing arts opportunities, science and technology initiatives, international exchange programs, teacher support, and various other educational endeavors. Their mission is to enhance the educational journey of students in the district, fostering their growth and development beyond the scope of regular curriculum.
Official website here: www.scsdeducationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Schenectady City School District Educational Foundation Inc has achieved an overall rating of 83% from Charity Navigator, which reflects a strong emphasis on accountability and finance. The foundation has a high score for its accountability measures, notably featuring a fully independent board and no reported material diversion of assets. This transparency is further enhanced by the presence of key policies like a conflict of interest policy and the availability of board meeting minutes.
Despite its strengths, the foundation does have some areas for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which both scored zero points in their respective categories. Addressing these gaps would strengthen their governance framework and enhance overall trust with stakeholders.
The organization demonstrates effective fund utilization, with a program expense ratio of 95.07%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. While the overall financial management appears sound, the missing policies could hinder its potential for further growth and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Schenectady City School District Educational Foundation Inc legitimate?
Schenectady City School District Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schenectady City School District Educational Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.scsdeducationfoundation.org
What is the mission statement of Schenectady City School District Educational Foundation Inc?
The Schenectady City School District Educational Foundation Inc's mission is centered around providing supplemental funding to enrich learning experiences for students in the local public schools. This includes financing opportunities in the fields of fine and performing arts, science and technology, international exchange programs, teacher support, and various other educational initiatives. The goal is to enhance the overall educational journey of the students, thereby fostering their growth and development.
Official website here: www.scsdeducationfoundation.org
Who is the CEO of Schenectady City School District Educational Foundation Inc?
John Wilson is the President of Schenectady City School District Educational Foundation Inc.
Official website here: www.scsdeducationfoundation.org
What is the revenue of Schenectady City School District Educational Foundation Inc?
Schenectady City School District Educational Foundation Inc's revenue in 2022 was $42,300.
Official website here: www.scsdeducationfoundation.org
Who are the executives of Schenectady City School District Educational Foundation Inc and what are their salaries?
There 20 volunteers at Schenectady City School District Educational Foundation Inc.
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Official website here: www.scsdeducationfoundation.org
Where can I find the form 990 for Schenectady City School District Educational Foundation Inc?
Schenectady City School District Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scsdeducationfoundation.org
Learn more at the official website: www.scsdeducationfoundation.org
Mission Statement of Schenectady City School District Educational Foundation Inc
The Schenectady City School District Educational Foundation Inc is dedicated to providing supplemental funding for enhancing learning opportunities for students within the Schenectady City Public Schools. This nonprofit organization aims to support students in various domains, including the fine and performing arts, science and technology, international exchange programs, teacher support, and other enriching learning experiences. By offering these additional resources, the Schenectady City School District Educational Foundation Inc seeks to contribute to the holistic development of its students, enabling them to reach their full potential.
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Impact
August, 2024
The Schenectady City School District Educational Foundation Inc's impact is significant in enhancing learning opportunities for students in the Schenectady City Public Schools. By providing supplemental funding for fine and performing arts opportunities, science and technology programs, international exchange programs, teacher support, and other educational initiatives, the Foundation plays a crucial role in enriching the educational experience of students in the district. Through its philanthropic efforts, the Foundation helps to broaden horizons, foster creativity, and support the academic growth of students, ultimately contributing to a more enriching and comprehensive education for the youth in Schenectady.
This information is meant to be a general summary of Schenectady City School District Educational Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $367
- Gross Receipts: $48,155
Assets and Liabilities:
- Total Assets: $357,135
- Total Liabilities: $8,837
- Net Assets: $348,298
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Organization Details
Founding Year
1997
Phone
(518) 915-8765Principal Officer
John Wilson
Main Address
PO BOX 3956, SCHENECTADY, NY, 12303
NTEE Category
Code: T20Z - Philanthropy
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